173

Industrial Production and Capacity Utilization:
The 2001 Annual Revision
Carol Corrado, Charles Gilbert, and Norman Morin,
of the Board’s Division of Research and Statistics,
prepared this article. Kristen Hamden provided
research assistance.
In late 2001, the Board of Governors of the Federal
Reserve System published the annual revision of
its index of industrial production (IP) and the related
measures of capacity and capacity utilization for the
period January 1992 through October 2001 (chart 1).
Measured from fourth quarter to fourth quarter,
industrial output and capacity are reported to have
increased at a slower rate in 1999 and 2000 than
previously reported, and the revision places the
decline in IP in 2001 at an annual rate of 6.0 percent.1
The estimated rate of increase in capacity in 2001
was lowered 0.7 percentage point, to 1.7 percent.
Despite the downward revision to IP in 1999 and
2000, the general contour is the same as that in the
Note. Charles Gilbert directed the 2001 annual revision and prepared the revised estimates of industrial production; Norman Morin
prepared the revised measures of capacity and capacity utilization.
Other contributors to the revision and this article were William
Cleveland, Mark Doms, Marie DeGregorio, Gloria Fennell, Kristen
Hamden, Susan Polatz, and Dixon Tranum.
1. Data referred to in the text and shown in table 1 are based on IP
and utilization rates as published on January 16, 2002. Statements
referring to previously reported estimates refer to data published on
November 16, 2001.

1.

earlier estimates. After having picked up in the second half of 1999 and having posted rapid gains in the
first half of 2000, industrial output slowed noticeably
at midyear. According to the revised data, however,
industrial output in the second half of 2000 was
weaker than previously estimated, and the peak in
IP occurred in June 2000 instead of August 2000.
The cumulative decline in IP since the June peak is
7.0 percent (table 1).2
The rate of industrial capacity utilization (the ratio
of production to capacity) as of the third quarter of
2001 was little changed by the revision; at 74.6 percent in the fourth quarter of 2001, the rate is 4 percentage points below the nadir of the 1990–91 recession but 3 percentage points above that of the 1982
recession.3 For the fourth quarter of 2000, capacity
utilization was revised down 0.6 percentage point, to
80.7 percent; a downward revision to the operating
rate in manufacturing of 1.2 percentage points was
partly offset by an upward revisions to the operating
rates in mining and utilities.

2. The revised data show consecutive declines in monthly IP for
the nine months ending June 2001, a 0.1 percent increase in July 2001,
and decreases for the five months ending December 2001; the earlier
data showed declines in monthly IP in every month from October
2000 to October 2001.
3. These comparisons use quarterly average data.

Industrial production, capacity, and utilization
Ratio scale, 1992 output = 100

Percent of capacity

190
180
170
160
150
140

85

Earlier
Revised
Capacity

Utilization

80

130
120

Production

110

75

100
1988

1990

1992

1994

1996

1998

2000

2002

Note. The production indexes and utilization rates are seasonally adjusted.
All the revised measures extend through December 2001; the earlier measures
extend through October 2001.

1988

1990

1992

1994

1996

1998

2000

2002

174

Federal Reserve Bulletin

March 2002

The updated measures reflect the incorporation
of newly available, more-comprehensive source data
and the introduction of improved methods for compiling a few series. The new source data are for recent
years, primarily 1999 forward, and the modified
methods affect the indexes from 1992 forward.
The statistical revisions to the IP index were
derived principally from the inclusion of information
contained in annual reports issued by the U.S. Census
Bureau—the 1999 Annual Survey of Manufactures
and selected 2000 Current Industrial Reports. Annual
data from the U.S. Geological Survey (USGS) on
minerals (except fuels) were also introduced; revised
data for 1999 and some new data for 2000 were
available. In addition, the new monthly production
estimates for 2000 and 2001 reflect updated seasonal
factors and the inclusion of monthly source data that
became available (or were revised) after the closing
of the regular four-month reporting window.
The capacity indexes and capacity utilization rates
incorporate the revised production indexes, results
from the Census Bureau’s 2000 Survey of Plant
Capacity for the fourth quarter of the year, and newly
available 2000 data on industrial capacity from the
USGS, the Energy Information Administration (EIA)
of the U.S. Department of Energy, and other organizations. In addition, the relationships used to estimate
the current change in manufacturing capacity reflect
1.

the inclusion of the Census data on capital spending
by industry for 1999 and indicators of the rate of
change in manufacturing capital spending in 2000
and 2001.
The revised indexes of industrial production and
capacity also reflect the updating of the value-added
weights used in aggregating the individual indexes to
the major industry and market group subtotals and to
total industry. The industry groups in IP and capacity
continue to be based on the 1987 Standard Industrial
Classification (SIC); in the 2002 revision, the industrial production and capacity utilization data will
be constructed and grouped according to the North
American Industry Classification System (NAICS).
Beginning with this revision, the capacity index for
the extraction of natural gas is based on newly available estimates from the EIA; the new data substantially lower the estimate of the industry’s capacity
for the 1995–99 period. The new EIA figures are
designed to better reflect the ability of producing
wells to deliver gas into the gathering and pipeline
system; the previous EIA figures measured capacity
at the wellhead only. The revision also incorporates
new source data for another capacity series (silver);
refinements to the methods used to compile two
monthly production series (construction machinery
and original equipment motor vehicle parts); and new
methods and new source data to derive the value-

Revised rates of change in industrial production and capacity and the revised rate of capacity utilization, 1998–2001

Item

Production
Total industry . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . .
Excluding selected high-tech
industries . . . . . . . . . . . . . . . . . . . . . .
Selected high-tech industries . . . . . . . . .
Mining and utilities . . . . . . . . . . . . . . . . . . . .
Capacity
Total industry . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . .
Excluding selected high-tech
industries . . . . . . . . . . . . . . . . . . . . . .
Selected high-tech industries . . . . . . . . .
Mining and utilities . . . . . . . . . . . . . . . . . . . .
Capacity utilization
(percent, end of period)
Total industry . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . .
Excluding selected high-tech
industries . . . . . . . . . . . . . . . . . . . . . .
Selected high-tech industries . . . . . . . . .
Mining and utilities . . . . . . . . . . . . . . . . . . . .

2000
proportion

Revised rate of change
(percent)

Difference between revised and previous
(percentage points)

1998–
2001
avg.

1998

1999

2000

2001

1998–
2001
avg.

100.0
86.5

1.7
1.8

3.5
4.3

4.3
4.8

2.6
2.3

−6.0
−6.3

78.3
8.2
13.5

−.5
22.5
.5

1.4
35.8
−2.7

1.9
34.0
1.3

−1.3
39.5
4.2

100.0
88.0

4.0
4.5

6.4
7.2

3.9
4.5

79.4
8.7
12.0

1.9
30.3
1.0

4.4
36.6
−.2

100.0
88.0

80.1
78.9

79.4
8.7
12.0

79.1
78.1
89.2

1998

1999

2000

2001

−.5
−.6

.3
.3

−.7
−.8

−1.6
−1.9

−.1
.1

−5.3
−15.9
−3.8

−.2
−7.3
.3

.2
−1.4
.5

−.4
−6.6
.2

−.7
−15.8
.4

.7
−5.1
−1.8

4.0
4.7

1.7
1.6

−.5
−.5

−.1
−.1

−.7
−.6

−.5
−.3

−.7
−1.0

2.0
28.6
.5

1.0
42.9
.8

.3
12.9
3.1

−.2
−6.3
.0

−.1
−2.8
−.8

.0
−9.2
−.3

−.3
−4.7
−.4

−.3
−8.6
1.3

81.5
80.7

81.8
81.0

80.7
79.1

74.6
72.9

−.1
−.3

.2
.2

.2
.1

−.6
−1.2

−.2
−.4

80.8
79.8
88.1

80.7
83.2
88.8

78.9
81.2
91.8

74.5
60.5
85.7

−.2
−.5
1.4

.1
.7
1.3

−.2
2.4
1.7

−.6
−3.9
2.4

.1
−2.3
.3

Note. The 1998–2001 average rate of change is calculated as the average
annual percent change in the seasonally adjusted index from the fourth quarter
of 1997 to the fourth quarter of 2001. Rates for years are calculated from the
fourth quarter of the previous year to the fourth quarter of the year specified.
The capacity utilization rates for years are for the last quarter of the year.
The difference between revised and previous rates of change for IP for 2001 is
calculated for the period 2000:Q4 to 2001:Q3; the difference for 1998–2001 is

calculated for the period 1997:Q4 to 2001:Q3. The difference in capacity
utilization for 2001 refers to 2001:Q3 and the difference for 1998–2001 refers to
the period ending 2001:Q3.
High-tech industries include the manufacturers of semiconductors and related
devices, computers and computer peripherals, and communications equipment.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

added weights for the IP and capacity series for
electric utilities. The rates of change in the new
weights were applied to the old 1992 weight to derive
a new series of annual weights (‘‘best-change’’
method) and result in slightly larger value-added
proportions for the electric utility industry.

SUMMARY OF THE REVISION
For the third quarter of 2001, the revision places the
production index at 139.6 percent of output in 1992
and the capacity index at 183.2 percent of output in
1992 (appendix table 1); both indexes are lower than
reported previously (chart 1). As noted earlier, the
capacity utilization rate was little changed for the
third quarter of 2001.
Appendix tables 2, 3, and 4 show new data for
monthly manufacturing IP and capacity utilization as
well as the results for total and manufacturing industries, excluding selected high-technology industries.
Tables 5 and 6 show the revised rates of change
of industrial production for market groups, industry
groups, special aggregates, and selected detail for
the years 1997 through 2001 (fourth quarter to fourth
quarter); tables 7 and 8 show the revised figures for
capacity utilization and capacity. For production and
capacity, the tables also show the difference between
the revised and earlier rates of change (third quarter
used for 2001). For capacity utilization, the tables
show the difference between the revised and previous
rates for the final quarter of the year.

Industrial production
The revision lowered the rate of increase in industrial
output 0.7 percentage point for 1999 and 1.6 percentage points for 2000 (measured from the fourth quarter of the preceding year to the fourth quarter of the
year indicated); the increase in industrial production
was raised slightly for 1997 and 1998.
The somewhat faster increase in IP now shown
for 1997 and 1998 reflects both the incorporation of
recently issued revisions to the annual Census data
and the introduction of refinements and revisions
to the price deflators used to construct the annual
indexes that determine the trend in each industrial
production series from one year to the next.4

4. The general methods used to measure individual IP series were
reviewed in an article published in the March 2001 issue of the
Federal Reserve Bulletin (www.federalreserve.gov/pubs/bulletin/
2001/0301scnd.pdf)

175

For most two-digit manufacturing industries, the
new annual reports issued by the Census Bureau
implied only small changes to previously published
IP figures for 1999. The output indexes for the transportation equipment industry, the apparel and products industry, and the rubber and plastics industry
were revised up. However, new data for the computer
industry, mainly for printers and other peripheral
equipment, implied a weaker gain in output for the
industrial machinery and equipment group. The output of that industry was also lowered in 2000 because
of the inclusion of available data from the Current Industrial Reports. Nonetheless, on balance, the
revised data still indicate that the production of industrial machinery and equipment increased at a robust
rate in both years.
The revision now places the rise in the production
index for the output of high-technology industries—
computers and office equipment (SIC 357), semiconductors and related devices (SIC 3672-9), and
communications equipment (SIC 366)—at about
40 percent in 2000. The previously published estimate was appreciably stronger; the new estimates
show less-rapid gains in the output of semiconductors, computers, and peripherals. The downward revisions to the indexes for semiconductor output reflect
the incorporation of data from the 2000 Current
Industrial Report and more-comprehensive information on prices.
Excluding high-technology industries, the revised
IP series show more-pronounced weakness, mainly
in manufacturing, in the second half of 2000. The
change reflects the updating of seasonal factors and
the inclusion of revisions to monthly source data. The
more-pronounced weakness appears in the durable
goods manufacturing industries, especially the industrial machinery, motor vehicle parts, instruments, furniture, and stone, clay, and glass products industries.
Among major market groups, the revised production indexes for consumer goods and for construction
supplies showed, on balance, little change for 2000
and 2001. The revised indexes for business equipment and for industrial materials showed slower gains
in 2000 and little change in the decline for 2001.
The revised position of the peak in 2000 in overall industrial production reflects reductions in the
rates of change between June 2000 and August 2000
for several industries. The selected high-technology
aggregate is a major contributor to the change in the
peak; new data suggest that output in 2000 was lower
than previously estimated, and based on revised highfrequency source data, production was revised down
more sharply in the second half of 2000 than in the
first half. In addition, both new data on cigarette
production and updated methods for estimating the

176

Federal Reserve Bulletin

March 2002

output of motor vehicle parts contributed to the dip
into negative territory of the rate of change in IP
between June 2000 and August 2000.
Over history, the initial estimates of industrial production have tended to reliably indicate the turning
points in IP (with all of its source data incorporated).
For the four previous recessions, the initial estimates
identified the first month of decline in IP correctly or
one month early. For three of the four previous recessions, they identified the first month of recovery
correctly or one month early. For the fourth recession, despite showing a significant slowing of
declines around the currently estimated turning point,
the initial estimates of IP pegged the beginning of the
recovery two months later than is now shown.

Capacity
Manufacturing capacity in 2001 is estimated to have
risen 1.6 percent, more than 1 percentage point lower
than previously published. On average, manufacturing capacity increased 4.6 percent per year in 1999
and 2000 (previously estimated at about 5 percent)
and, on average, expanded 6 percent per year from
1994 through 1998 (a number virtually unchanged
from the previous estimates). The rapid gains
in capacity during the second half of the 1990s
were concentrated in industries that produce hightechnology goods and devices. Given the downward
revision to output in these industries, the pace of
capacity expansion was also revised down; nonetheless, from 1994 through 2000 it still averaged nearly
40 percent per year. The relatively slow expansion of
capacity in these industries in 2001, now estimated at
12.9 percent, was in large part the result of a downshift in capital spending by semiconductor manufacturers. Outside the selected high-technology industries, investment spending for 2001 is estimated to
have fallen 6 percent, and plant capacity is estimated
to have edged up 0.3 percent, down from the 2 percent pace in 1999 and the 3.2 percent annual average
for 1994 through 1998.
Capacity in mining was revised down noticeably
for the 1995–2000 period but was revised up substantially for 2001. The changes were primarily the result
of incorporating new EIA measures for the capability
to extract natural gas; in value-added terms, natural
gas extraction is about 30 percent of mining output.
According to the revised data, from 1995 through
1998, capacity at mines increased a scant 0.1 percent
per year, and in 1999 and 2000, it declined about
2 percent per year. For 2001, however, mining capacity is estimated to have increased 0.4 percent.

Capacity at electric and gas utilities increased a bit
more slowly from 1997 through 2000 than previously
reported. The North American Electric Reliability
Council reduced its estimate of generating capacity
for 2000 but sharply increased the estimate for 2001;
as a result, the rise in capacity at utilities for 2001
was revised up more than 1 percentage point, to
5.2 percent. In both the previous and the revised data,
the rate of expansion of utility capacity for 2001 is
the largest since 1974, a surge reflecting the response
of producers to the significant shortfall in generating
capacity last winter.

Capacity Utilization
The Survey of Plant Capacity indicated that the factory operating rate was lower in the fourth quarter of
2000 than previously estimated. The revised utilization rate for manufacturing was 79.1 percent in the
final quarter of 2000, 1 percentage point lower than
reported earlier.
Capacity utilization in manufacturing reached
81.7 percent in the middle of 2000, 0.6 percentage
point above its long-term (1967–2000) average. The
factory operating rate had climbed to 83 percent in
1997, before the onset of economic turmoil in Asia,
but dropped back more than 2 percentage points by
the end of 1998. From the middle of 2000 through the
fourth quarter of 2001, the utilization of manufacturing capacity plummeted almost 9 percentage points.
Among manufacturing industries in the fourth
quarter of 2001, the utilization rates for primary
processors were nearly the same as those for
advanced processors. Since the middle of 2000, the
decline in the rate for primary-processing industries—
about 12 percentage points—has been especially
sharp. Primary processors were operating at relatively elevated rates in the second quarter of 2000.
The rates for primary metals; semiconductors; stone,
clay, and glass products; petroleum products; and
motor vehicle parts were above their long-term averages. By the fourth quarter of 2001, the only primaryprocessing industry that was operating at rates above
its long-term average was petroleum and products.
Among advanced processors, only the producers of
light trucks, ships and boats, and chemical products
were operating at above-average rates.
Capacity utilization in mining was revised up to
90.7 percent in the third quarter of 2001 and then
declined to 88.4 percent in the fourth quarter, still
somewhat higher than its long-term average of
87.6 percent. The utilization rate for electric and gas
utilities in the third quarter of 2001 was little changed

Industrial Production and Capacity Utilization: The 2001 Annual Revision

by the revision, but the rates in 1998, 1999, and 2000
increased.

TECHNICAL ASPECTS OF THE REVISION
As noted earlier, the annual revision incorporated
more-comprehensive annual data on industry output, utilization, value added, and capital spending for
1999 and 2000, along with an update of all seasonal
factors and monthly data on production, productionworker hours, and electric power use. In addition, the
capital input measures used in the construction of
capacity indexes incorporate more-recent data for
overall business investment and prices from the
Bureau of Economic Analysis.5
Previously issued annual data on output and prices
for 1997 and 1998 that were slightly revised by the
original source were also included.
The Census Bureau reported its new 1999 and
2000 data on industry output and capacity utilization,
as well as its revisions to 1997 and 1998 data, on the
new North American Industrial Classification System
(NAICS). Before being included in the IP and capacity indexes, which continue to be based on the 1987
Standard Industrial Classification (SIC), the data were
recategorized by the Federal Reserve according to the
SIC system.
In the 2002 revision, the industrial production and
capacity utilization data will be derived according
to NAICS; data from at least 1977 forward will be
subject to revision; and the indexes will be rebased,
with 1997 equal to 100. The new NAICS production
data will be derived from annual output measures
constructed by reclassifying the establishments in
historical Censuses of Manufactures and Mineral
Industries according to NAICS categories; annual
output indexes constructed in this way maximize the
reliability and historical consistency of the IP industry detail.

Revised Monthly Data
The product data that are used to measure the
monthly movements of many IP indexes were

5. The general methods used to measure individual capacity series
were summarized in the March 2001 issue of the Federal Reserve
Bulletin. A fuller description of the models used to develop the
Federal Reserve’s capacity estimates were reported in the March 2000
issue of the Bulletin (www.federalreserve.gov/pubs/bulletin/2000/
0300secnd.pdf).

177

updated to capture data that became available after
the closing of the regular four-month reporting
window. For example, monthly data from the U.S.
Department of the Treasury on the production of
alcoholic beverages and cigarettes may be unavailable initially but available for inclusion in the annual
revision.
The input measures were also updated to incorporate revised data on monthly production-worker hours
(based on the Bureau of Labor Statistics [BLS]
benchmark of employment to March 2000 comprehensive measures) and on monthly electric power
use since 1997. Besides benchmarking data on
production-worker hours to March 2000 comprehensive measures, the BLS also incorporated data
derived from new sampling procedures from 1999
forward. The new estimates reduced the change in
production-worker hours at manufacturers in the second half of 2000, with the bulk of the reduction in
industries in which the data on production-worker
hours are used as the monthly production indicator in
IP.
Seasonal factors for all series were re-estimated
using data that extend into 2001. Factors for
production-worker hours, which adjust for timing,
holiday, and monthly seasonal patterns, were updated
with data through October 2001. Factors for the
electric power series, which are developed using
multivariate methods, were re-estimated using data
through May 2001. The updated factors for the physical product series, which include adjustments for
holiday and workday patterns, used data through
at least June 2001. Seasonal factors for unit motor
vehicle assemblies were updated with data through
September 2001; they are on the Board’s web site at
www.federalreserve.gov/releases/g17/mvsf.htm.

Weights for Aggregation
The weights for the aggregation of IP indexes and
capacity utilization rates are derived from annual
estimates of industry value added. For manufacturing, the Census Bureau provides such data annually;
for mining, quinquennial figures are provided. For
the electric and gas utility industries, the Federal
Reserve derives estimates of value added from annual
revenue and expense data issued by other organizations. Estimates of industry value added were
updated with annual data through 1999, and the
weights for aggregation (unit value added) were estimated using the most recent data on producer prices.
Appendix table 9 reports the annual value-added

178

Federal Reserve Bulletin

March 2002

proportions incorporated in the IP index from 1994
forward.
Beginning with this revision, the methods and data
used to obtain estimates of value added in the electric
utility industry have been improved. A change was
necessary for several reasons. First, many of the data
that had been used to compute value added were
contained in an EIA publication that has been discontinued. Second, the EIA data on ‘‘utilities’’ include
regulated entities only, and data covering all producers of electric power (that is, including the unregulated power generators) are required to avoid a severe
understatement of the value added by the entire
industry in 2000. Finally, a review of the earlier
methods suggested value added was understated for
the period preceding the deregulation of the industry.
The Federal Reserve’s new estimates of value
added for the electric utility industry were constructed according to the Census definition of value
added, that is, industry revenue minus the cost of
purchased material inputs. Data on industry revenue
(including all establishments that distribute power to
final users) were obtained from Statistical Yearbooks
issued by the Edison Electric Institute; these data
were combined with EIA measures of fuel costs to
obtain an estimate of Census value added. The new
figures were applied on a best-change basis for the
period from 1992 forward; the 2002 revision will
introduce refined results as well as revised figures for
earlier years.

2.

Changes to Individual Series

now developed from monthly product data (engines,
brakes, axles, and transmissions), production-worker
hours, and motor vehicle assemblies; previously, the
series was derived from the product data only.
The annual estimates of motor vehicle repair parts
were also improved; their derivation now includes
information on the average age of the motor vehicle
fleet.

With this revision, the capacity series for natural gas
extraction (part of SIC 13) incorporates new estimates developed by the EIA; the new estimates are
substantially lower than the agency’s previous figures
that were used to derive the capacity for natural gas
extraction. The new figures are designed to better
reflect the ability of producing wells to deliver gas
into the gathering and pipeline system, whereas previous EIA figures measured capacity at the wellhead
only.
The source data for one other capacity series has
changed. The index for silver capacity is now based
on data from the USGS; previously it was derived
using a trend-through-peak method.
The monthly production indicators for construction
machinery and original equipment motor vehicle
parts were refined. The weights used to combine the
available product data for construction machinery
were updated. The indicator for motor vehicle parts is

U.S. LAN equipment, 1992–2001
Price
index

Value of
production
(millions of
dollars)

100.000
190.691
298.728
604.349

100.000
83.556
74.243
62.153

1,684.8
2,684.4
3,736.6
6,328.3

................
................
................
................
................

953.621
1,610.035
2,480.329
3,191.443
4,163.164

57.123
47.548
34.327
28.130
24.406

9,177.7
12,897.7
14,344.5
15,124.9
17,118.2

Quarterly estimates
(1996:Q1 = 100)
1996:Q1 . . . . . . . . . . . .
Q2 . . . . . . . . . . . .
Q3 . . . . . . . . . . . .
Q4 . . . . . . . . . . . .

100.000
113.744
128.626
150.302

100.000
98.967
93.735
86.623

7,923.2
8,919.0
9,552.8
10,315.7

1997:Q1
Q2
Q3
Q4

............
............
............
............

161.797
183.502
224.022
262.123

84.029
79.683
77.535
74.493

10,772.1
11,585.3
13,762.2
15,471.1

1998:Q1
Q2
Q3
Q4

............
............
............
............

290.487
326.083
328.499
329.790

62.795
59.075
53.487
52.587

14,452.9
15,262.7
13,921.3
13,741.0

1999:Q1
Q2
Q3
Q4

............
............
............
............

417.721
419.060
394.817
402.795

48.619
47.117
46.808
44.249

16,091.2
15,644.2
14,642.6
14,121.6

2000:Q1
Q2
Q3
Q4

............
............
............
............

449.375
493.979
599.868
604.171

43.459
41.718
39.456
37.433

15,473.4
16,327.9
18,752.6
17,919.0

2001:Q1 . . . . . . . . . . . .
Q2 . . . . . . . . . . . .
Q3 . . . . . . . . . . . .

538.767
465.929
471.295

34.889
34.232
31.602

14,893.0
12,651.6
11,814.1

Period

Annual estimates
(1992 = 100)
1992 . . . . . . . . . . . . . . . .
1993 . . . . . . . . . . . . . . . .
1994 . . . . . . . . . . . . . . . .
1995 . . . . . . . . . . . . . . . .
1996
1997
1998
1999
2000

Production
index

LAN Equipment
The 2000 revision introduced a new IP series for the
production of local area network (LAN) equipment
(routers, switches, and hubs). The new series is not
published in the monthly statistical release, but it is
included in the broader IP aggregate for communications equipment and updated on an ongoing basis
(see the March 2001 Bulletin article). Table 2 shows
updates of the results for LAN equipment originally
issued a year ago.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

179

APPENDIX A: SUMMARY TABLES BASED ON THE G.17 RELEASE, JANUARY 16, 2002
A.1.

Revised data for industrial production, capacity, and utilization for total industry
Seasonally adjusted data except as noted
Quarter
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.
1

2

3

4

Annual
avg.1

Industrial production (percent change)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

−.5
.5
−.9
−1.6
2.1
2.1
.4
.6
−.6
.1
.6
−.5
−.5
.0
.3
.2
.5
−.3
.4
.6
.7
.2
−.8

.8
.1
.5
2.2
−.2
−.2
.9
−.7
1.2
.3
−.8
.5
−.8
.5
.4
.3
.0
1.2
1.1
.1
.2
.6
−.3

.3
.0
.5
−.7
1.0
1.1
.3
−1.0
.4
.0
.9
.5
−.9
.9
.2
.8
.1
−.1
.1
.3
.4
.6
−.4

−.9
−1.9
−.7
−.9
1.3
.5
.2
.8
.4
.6
.2
−.6
.3
.7
.3
.6
−.2
1.0
.6
.5
.1
.5
−.6

1.2
−2.5
.8
−.8
1.2
.6
.2
−.2
.4
.1
−.6
.4
.8
.3
−.4
.7
.3
.7
.3
.3
.4
.7
−.3

.0
−1.3
.6
−.3
.6
.5
−.2
−.3
.9
.1
−.2
.0
1.2
−.1
.2
.5
.4
.7
.5
−.6
.2
.4
−.9

−.7
−.6
.9
−.8
1.8
.2
−.4
.3
.6
.7
−1.0
.0
.1
.9
.2
.3
−.5
.2
.5
−.2
.6
−.4
.1

−.4
1.2
−.4
−.5
1.3
.0
.6
.3
.1
.5
.4
.2
.1
−.3
−.2
.4
1.3
.6
1.0
1.9
.5
.1
−.3

.1
1.5
−.8
−.7
1.7
−.1
.6
−.1
−.1
−.4
−.2
.1
1.0
.4
1.0
.2
.4
.5
.7
−.2
.0
.1
−1.1

.4
.7
−.8
−.8
.8
−.5
−.9
.9
1.4
.3
−.5
−.6
−.1
.5
.4
.8
−.1
.0
.7
.6
.8
−.4
−.7

−.5
1.6
−1.4
−.3
−.1
.1
.6
.5
.3
.8
.4
−1.3
−.1
.6
.5
.6
.3
1.0
.6
−.4
.4
−.3
−.4

−.2
.5
−1.1
−.8
.5
−.4
.7
.9
.6
.5
.5
−.6
−.6
.0
.8
1.1
.2
.6
.2
.0
.7
−.4
−.1

2.2
.8
1.9
−6.4
6.8
11.1
3.0
2.0
4.2
3.2
3.8
2.0
−8.3
.6
3.6
5.7
5.9
2.9
7.7
4.5
3.6
5.8
−6.1

1.1
−15.0
2.2
−5.2
11.9
7.2
2.8
−1.7
6.7
3.1
.5
.6
1.5
6.6
1.5
7.6
.8
8.4
6.0
3.2
3.3
7.0
−5.9

−2.3
−4.2
4.1
−7.3
17.3
2.6
.3
.7
5.6
3.9
−4.4
1.0
6.2
3.3
1.8
5.2
3.6
6.3
7.7
2.8
4.7
.6
−4.7

−.3
14.2
−10.5
−7.5
10.3
−2.6
1.4
6.5
7.1
3.6
−.1
−5.8
1.1
4.4
6.5
7.5
3.6
5.8
8.2
3.5
5.8
−2.6
−7.2

3.3
−2.8
1.6
−5.4
3.7
8.9
1.6
1.1
4.6
4.5
1.8
−.2
−2.0
3.1
3.4
5.5
4.8
4.6
6.9
5.1
3.7
4.5
−3.9

141.9
145.8
136.9

142.9
145.1
136.7

137.3
144.0
143.5

138.4
146.5
141.3

140.0
146.7
139.6

142.0
145.7
137.0

139.4
145.7
140.1

173.6
180.6
183.7

174.2
181.1
183.8

168.9
175.4
181.8

170.5
177.2
182.6

172.0
179.0
183.2

173.6
180.6
183.7

171.3
178.1
182.8

84.9
81.8
78.8
71.9
78.6
80.4
79.2
79.1
82.8
84.8
83.0
80.8
79.8
81.0
81.6
83.8
82.7
83.0
83.9
81.3
81.7
80.7
74.5

84.5
82.1
77.7
71.1
78.9
79.8
79.5
79.7
83.2
85.1
83.2
80.2
79.2
80.9
82.1
84.4
82.5
83.1
83.6
81.1
82.0
80.2
74.4

87.0
84.6
81.4
77.1
72.6
80.4
80.2
79.1
79.8
83.3
85.1
83.0
78.9
79.4
81.2
82.3
84.2
82.1
83.3
83.2
81.3
82.1
78.9

86.6
80.7
81.4
75.6
74.4
81.3
80.2
78.4
80.8
83.7
84.8
82.8
78.8
80.2
81.1
83.1
83.3
82.7
83.3
82.5
81.2
82.6
77.4

85.5
79.4
81.7
73.6
77.1
81.3
79.6
78.2
81.7
84.2
83.4
82.6
79.7
80.5
81.0
83.3
83.0
82.9
83.5
81.8
81.4
81.9
76.2

85.0
81.5
78.9
71.7
78.7
80.2
79.2
79.2
82.9
84.7
83.0
81.0
79.6
80.9
81.7
84.0
82.7
82.9
83.8
81.5
81.8
80.7
74.6

86.0
81.5
80.8
74.5
75.7
80.8
79.8
78.7
81.3
84.0
84.1
82.3
79.3
80.2
81.2
83.2
83.3
82.7
83.5
82.2
81.4
81.8
76.8

Industrial production (index)
1999 . . . . . . . . 136.9
2000 . . . . . . . . 143.2
2001 . . . . . . . . 143.9

137.2
144.0
143.5

137.8
144.9
142.9

137.9
145.6
142.0

138.5
146.6
141.6

138.8
147.2
140.3

139.6
146.5
140.4

140.2
146.7
140.0

140.3
146.8
138.5

141.3
146.3
137.5

Capacity (index)
1999 . . . . . . . . 168.4
2000 . . . . . . . . 174.8
2001 . . . . . . . . 181.5

168.9
175.4
181.8

169.5
176.0
182.2

170.0
176.6
182.4

170.5
177.2
182.6

171.0
177.9
182.8

171.5
178.5
183.0

172.0
179.0
183.2

172.5
179.6
183.3

173.1
180.1
183.5

Utilization (level, percent)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

86.7
84.7
81.2
76.3
72.5
80.4
79.9
79.8
79.1
83.2
85.4
82.7
79.6
79.0
81.1
82.1
84.5
81.9
83.1
83.6
81.3
81.9
79.3

87.1
84.6
81.4
77.8
72.3
80.1
80.4
79.2
80.0
83.4
84.6
83.0
78.9
79.3
81.3
82.1
84.2
82.5
83.6
83.1
81.2
82.1
78.9

87.1
84.4
81.6
77.1
72.9
80.8
80.4
78.2
80.2
83.3
85.3
83.3
78.1
79.8
81.2
82.6
83.9
82.0
83.3
82.9
81.3
82.3
78.5

86.1
82.6
80.9
76.2
73.7
81.0
80.3
78.7
80.5
83.7
85.3
82.7
78.2
80.3
81.4
82.8
83.4
82.5
83.4
82.9
81.1
82.5
77.8

86.9
80.4
81.4
75.4
74.5
81.3
80.3
78.4
80.7
83.7
84.7
82.9
78.7
80.3
80.9
83.1
83.3
82.7
83.3
82.7
81.2
82.7
77.5

86.7
79.2
81.8
75.0
74.8
81.5
79.9
78.1
81.4
83.6
84.4
82.7
79.6
80.1
80.9
83.3
83.3
82.9
83.3
81.8
81.2
82.8
76.7

85.9
78.5
82.3
74.2
76.1
81.5
79.4
78.2
81.8
84.1
83.4
82.6
79.5
80.7
81.0
83.3
82.5
82.7
83.2
81.2
81.4
82.1
76.7

Note. Monthly percent change figures show change from the previous
month; quarterly figures show the change from the previous quarter at a
compound annual rate of growth. Production and capacity indexes are expressed
as percentages of output in 1992.

85.4
79.3
81.8
73.7
77.0
81.3
79.6
78.3
81.8
84.5
83.6
82.6
79.5
80.3
80.6
83.4
83.2
82.9
83.6
82.4
81.5
81.9
76.4

85.3
80.3
80.9
73.0
78.2
81.0
79.9
78.2
81.6
84.1
83.3
82.6
80.2
80.4
81.3
83.3
83.2
83.0
83.7
81.8
81.3
81.7
75.5

85.5
80.7
80.1
72.2
78.7
80.5
79.0
78.8
82.6
84.2
82.8
82.0
80.0
80.7
81.4
83.6
82.8
82.6
83.8
82.0
81.7
81.2
74.9

Estimates from October 2001 through December 2001 are subject to further
revision in the upcoming monthly releases.
1. Annual averages of industrial production are calculated from indexes that
are not seasonally adjusted.

180

Federal Reserve Bulletin

A.2.

March 2002

Revised data for industrial production, capacity, and utilization for manufacturing industries
Seasonally adjusted data except as noted
Quarter
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.
1

2

3

4

Annual
avg.1

Industrial production (percent change)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

−.3
.2
−.6
−2.0
2.5
2.5
.1
1.5
−.8
−.2
.9
−.2
−.9
.1
.7
.1
.6
−.3
.4
.9
.6
.3
−.8

.7
.3
.6
2.9
.4
.6
.6
−.5
1.6
.4
−1.2
.9
−.7
.7
.2
.4
−.1
1.2
1.2
.0
.4
.5
−.3

.4
−.4
.3
−.7
1.4
.7
.7
−.9
.2
−.1
.8
.3
−1.1
1.0
.2
1.1
.2
−.2
.3
.2
.2
.9
−.4

−1.5
−2.1
.2
−.9
1.1
.5
.2
1.4
.5
1.0
.1
−.8
.3
.6
.5
.8
−.3
1.2
.5
.7
.2
.3
−.8

1.5
−3.1
.7
−.4
1.4
.4
.5
−.1
.3
−.1
−.7
.4
.7
.4
−.3
.8
.1
.8
.4
.2
.6
.7
−.2

.1
−1.5
−.1
.0
.8
.7
−.3
−.3
1.0
.0
.0
−.1
1.4
.0
.0
.3
.5
.9
.7
−.7
.1
.5
−1.0

−.5
−.7
.6
−.8
1.5
.3
−.4
.3
.7
.7
−1.1
.0
.2
.9
.2
.5
−.7
.6
.4
−.2
.4
−.4
.2

−.9
1.7
−.8
−.5
1.1
.1
.9
.6
−.2
.3
.3
.3
.2
−.3
−.3
.6
1.2
.6
1.3
2.3
.8
−.1
−.5

.0
1.5
−.8
−.5
2.2
−.2
.4
.0
.1
.2
−.3
−.1
1.1
.3
1.1
.3
.7
.6
.6
−.2
.0
.1
−1.1

.5
1.1
−1.1
−1.2
.6
.0
−.8
.8
1.3
.2
−.6
−.6
−.1
.5
.4
.9
.0
.0
.6
.8
.8
−.5
−.7

−.7
1.7
−1.6
−.3
.3
.1
1.1
.4
.5
.9
.4
−1.3
−.2
.6
.5
.8
.1
1.0
.7
−.2
.6
−.5
−.2

−.1
.3
−1.6
−.7
−.1
−.3
−.1
1.2
.6
.6
.1
−.6
−.5
−.1
.9
1.1
.1
.7
.3
.2
.6
−.7
−.1

3.4
−.4
2.5
−7.6
11.5
13.2
2.1
4.5
5.0
2.3
4.3
2.9
−9.7
2.0
4.2
5.9
6.4
2.4
8.8
6.0
3.9
6.3
−7.1

.3
−17.7
4.2
−2.7
14.7
6.6
4.2
1.7
7.0
4.1
−.7
−.1
1.2
7.4
2.1
9.4
.4
9.2
6.8
3.0
3.6
7.1
−6.2

−2.4
−4.7
−.1
−5.6
17.1
3.4
1.1
1.7
5.5
3.7
−4.5
.8
7.8
4.1
1.3
6.0
3.0
8.4
8.9
3.2
4.8
.4
−4.9

−1.5
16.8
−13.1
−8.0
11.2
−.4
1.6
6.7
7.6
5.2
−1.4
−6.3
1.7
3.7
6.9
9.0
4.2
6.2
8.7
5.2
6.9
−4.0
−7.1

3.6
−3.9
1.6
−5.9
5.7
9.9
2.3
2.8
5.3
4.7
1.9
−.5
−2.4
4.0
3.7
6.1
5.3
4.9
7.9
5.9
4.2
4.8
−4.5

147.7
151.2
141.5

148.6
150.1
141.3

142.3
149.9
148.4

143.6
152.5
146.0

145.2
152.7
144.2

147.7
151.1
141.6

144.7
151.6
144.8

182.4
191.0
194.1

183.1
191.5
194.2

176.8
184.6
192.3

178.6
186.9
193.2

180.4
189.1
193.6

182.4
191.0
194.1

179.5
187.9
193.3

83.6
79.7
75.6
69.6
77.7
79.5
78.5
79.1
82.8
84.8
82.2
79.7
78.6
80.2
80.7
83.4
81.8
82.1
83.0
80.6
81.0
79.2
72.9

83.3
79.7
74.2
69.0
77.5
79.0
78.2
79.9
83.1
85.1
82.1
79.0
78.1
80.0
81.2
84.0
81.5
82.2
82.7
80.4
81.1
78.4
72.8

86.7
83.1
79.2
73.7
71.1
79.5
79.1
78.5
79.9
83.0
85.1
82.3
77.5
78.5
80.4
81.3
83.8
81.0
82.5
82.5
80.5
81.2
77.2

86.0
78.5
79.4
72.8
73.2
80.1
79.2
78.5
80.9
83.5
84.4
81.9
77.3
79.4
80.3
82.4
82.7
81.6
82.5
81.6
80.4
81.6
75.6

84.8
76.9
78.8
71.4
75.9
80.1
78.6
78.4
81.6
83.9
82.9
81.6
78.5
79.8
80.0
82.7
82.1
82.0
82.8
80.9
80.5
80.7
74.5

83.8
79.3
75.6
69.5
77.6
79.4
78.2
79.3
82.8
84.7
82.1
79.9
78.5
80.0
80.8
83.5
81.8
82.0
82.9
80.7
81.0
79.1
72.9

85.3
79.5
78.3
71.8
74.4
79.8
78.8
78.7
81.3
83.8
83.6
81.4
77.9
79.4
80.4
82.5
82.6
81.6
82.7
81.4
80.6
80.7
75.0

Industrial production (index)
1999 . . . . . . . . 141.8
2000 . . . . . . . . 149.0
2001 . . . . . . . . 148.9

142.4
149.8
148.4

142.7
151.1
147.9

143.0
151.6
146.7

143.8
152.6
146.4

143.9
153.3
145.0

144.4
152.7
145.2

145.6
152.6
144.5

145.7
152.8
142.9

146.8
152.0
141.8

Capacity (index)
1999 . . . . . . . . 176.1
2000 . . . . . . . . 183.8
2001 . . . . . . . . 192.0

176.8
184.6
192.4

177.4
185.4
192.7

178.0
186.1
193.0

178.6
186.9
193.2

179.2
187.7
193.4

179.8
188.4
193.5

180.4
189.1
193.6

181.1
189.8
193.8

181.7
190.4
193.9

Utilization (level, percent)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

86.4
83.3
79.0
72.6
70.6
79.3
78.9
79.1
79.1
82.9
85.7
81.8
78.2
78.0
80.4
81.1
84.1
80.9
82.1
83.0
80.5
81.0
77.6

86.7
83.3
79.2
74.6
70.8
79.5
79.1
78.6
80.2
83.1
84.5
82.5
77.5
78.4
80.4
81.1
83.7
81.4
82.7
82.4
80.6
81.1
77.2

86.9
82.7
79.3
73.9
71.8
79.8
79.3
77.8
80.3
82.9
85.0
82.6
76.6
79.0
80.4
81.8
83.5
80.8
82.5
82.1
80.4
81.5
76.7

Note. See also general note to table A.1.

85.3
80.8
79.3
73.1
72.5
80.0
79.2
78.7
80.6
83.7
85.0
81.8
76.8
79.4
80.6
82.2
82.9
81.3
82.5
82.2
80.3
81.4
76.0

86.4
78.1
79.6
72.7
73.4
80.1
79.4
78.5
80.7
83.5
84.2
82.0
77.1
79.5
80.2
82.5
82.6
81.5
82.4
81.8
80.5
81.6
75.8

86.3
76.7
79.3
72.6
73.9
80.3
78.9
78.1
81.4
83.4
84.1
81.8
78.1
79.4
80.0
82.5
82.6
81.8
82.5
80.8
80.3
81.7
75.0

85.6
75.9
79.6
71.8
74.8
80.4
78.3
78.2
81.8
83.8
83.0
81.6
78.2
80.0
80.1
82.6
81.7
81.9
82.4
80.1
80.3
81.0
75.1

84.5
77.0
78.8
71.4
75.6
80.2
78.8
78.6
81.5
84.0
83.1
81.7
78.2
79.6
79.7
82.8
82.3
82.0
83.0
81.5
80.7
80.7
74.6

84.3
77.9
78.0
70.9
77.2
79.8
78.8
78.4
81.5
84.0
82.7
81.5
79.0
79.7
80.4
82.7
82.5
82.1
83.0
80.9
80.5
80.5
73.7

84.5
78.6
77.0
69.9
77.6
79.6
77.9
78.9
82.5
84.1
82.1
80.9
78.9
79.9
80.5
83.1
82.1
81.7
83.0
81.2
80.8
79.8
73.1

1. Annual averages of industrial production are calculated from indexes that
are not seasonally adjusted.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

A.3.

181

Revised data for industrial production, capacity, and utilization for total industry
excluding selected high-technology industries
Seasonally adjusted data except as noted
Quarter
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.
1

2

3

4

Annual
avg.1

Industrial production (percent change)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

−.7
.3
−.9
−1.6
2.5
1.9
.3
.7
−.8
.1
.5
−.4
−.5
−.3
.4
.2
.2
−.5
.2
.2
.4
−.2
−.7

.8
.0
.4
2.0
−.4
−.3
.9
−.8
1.2
.2
−.7
.5
−.9
.5
.4
.3
−.2
1.1
.9
−.2
.0
.3
−.2

.2
−.1
.4
−.8
.8
1.0
.2
−1.1
.3
.1
.9
.5
−1.0
.8
.1
.6
−.1
−.3
−.2
.3
.2
.2
−.3

−1.1
−2.2
−.8
−.9
1.2
.4
.1
.8
.4
.4
.1
−.5
.4
.7
.3
.3
−.4
.8
.4
.5
−.1
.2
−.4

1.1
−2.7
.8
−.9
1.2
.4
.2
−.3
.5
−.2
−.7
.3
.8
.2
−.5
.5
.1
.5
.1
.2
.3
.3
−.1

−.1
−1.3
.5
−.4
.4
.3
−.1
−.2
.8
.1
−.3
−.1
1.2
−.3
.2
.4
.3
.5
.3
−.9
−.1
.3
−.8

−.8
−.8
.9
−1.0
1.8
.1
−.5
.0
.5
.6
−.9
.0
.1
.8
.2
.2
−.6
−.1
.2
−.6
.2
−.7
.3

−.5
1.2
−.5
−.4
1.4
−.1
.6
.2
.1
.5
.4
.1
.0
−.4
−.3
.3
1.1
.3
.8
1.8
.4
.0
−.3

.0
1.6
−1.0
−1.0
1.6
−.2
.7
−.2
−.2
−.3
−.3
.2
1.0
.3
.9
.1
.1
.3
.6
−.5
−.1
−.1
−1.1

.3
.6
−.8
−1.0
.6
−.5
−.8
1.0
1.3
.4
−.3
−.6
−.2
.4
.3
.6
−.4
−.3
.6
.5
.6
−.5
−.8

−.6
1.6
−1.6
−.3
−.2
.0
.3
.4
.3
.6
.2
−1.4
−.2
.5
.4
.5
.1
.8
.3
−.5
.1
−.4
−.4

−.3
.5
−1.4
−1.2
.5
−.5
.7
1.0
.5
.5
.3
−.7
−.7
.1
.7
.8
.0
.4
−.2
−.2
.3
−.5
−.1

.9
−.7
1.3
−7.7
6.9
9.7
2.3
1.7
3.5
2.8
3.5
1.7
−8.8
−.9
3.5
4.8
2.8
.6
4.9
.7
.7
1.2
−5.4

−.1
−16.6
1.1
−5.8
10.6
5.3
2.5
−1.8
6.8
1.8
−.3
.6
1.4
5.8
.8
5.5
−1.4
6.1
2.8
1.9
.8
2.8
−3.9

−3.5
−4.9
3.2
−8.2
16.8
1.0
.5
−.6
5.0
3.3
−4.8
.7
6.1
2.2
1.0
3.3
1.4
3.2
5.0
−.4
2.1
−2.0
−3.3

−1.4
13.8
−11.8
−9.1
8.7
−3.5
1.0
6.3
6.5
3.5
−.4
−6.4
.4
3.3
5.3
5.3
.3
2.8
6.1
1.3
3.7
−3.9
−7.7

2.2
−4.0
.8
−6.5
2.8
7.5
.9
.8
4.2
3.9
1.4
−.5
−2.4
2.2
2.7
4.1
2.4
2.0
4.1
2.5
1.1
1.3
−3.9

121.6
121.1
114.8

122.0
120.5
114.6

119.7
122.0
119.4

119.9
122.8
118.2

120.6
122.2
117.2

121.7
121.0
114.9

120.5
122.0
117.2

149.0
150.1
150.9

149.1
150.2
150.9

147.3
149.3
150.3

148.0
149.6
150.5

148.6
149.8
150.7

148.9
150.1
150.9

148.2
149.7
150.6

84.7
81.6
78.5
71.5
78.2
79.9
79.2
79.3
83.2
85.0
83.3
81.1
80.2
81.0
81.8
83.7
82.5
83.1
84.2
81.5
81.6
80.7
76.1

84.3
81.8
77.3
70.5
78.6
79.3
79.6
80.0
83.5
85.3
83.4
80.5
79.5
81.0
82.2
84.2
82.3
83.2
83.8
81.1
81.8
80.2
76.0

86.9
84.3
81.2
76.7
72.3
80.1
79.9
79.3
80.0
83.7
85.4
83.3
79.2
79.6
81.3
82.4
83.9
82.1
83.4
83.4
81.2
81.7
79.4

86.5
80.2
81.2
75.2
74.0
80.8
79.9
78.7
81.2
83.9
85.0
83.2
79.2
80.5
81.2
83.1
83.1
82.8
83.4
82.9
81.0
82.1
78.5

85.4
78.9
81.5
73.3
76.9
80.7
79.6
78.4
82.1
84.4
83.7
83.0
80.2
80.6
81.1
83.3
82.9
82.9
83.7
82.0
81.2
81.6
77.8

84.7
81.3
78.6
71.3
78.4
79.7
79.3
79.4
83.2
85.0
83.3
81.4
80.0
80.9
81.8
83.8
82.5
83.0
84.1
81.6
81.7
80.7
76.2

85.9
81.2
80.6
74.1
75.4
80.3
79.7
79.0
81.6
84.2
84.4
82.7
79.7
80.4
81.3
83.1
83.1
82.7
83.6
82.5
81.3
81.5
78.0

Industrial production (index)
1999 . . . . . . . . 119.6
2000 . . . . . . . . 121.7
2001 . . . . . . . . 119.6

119.6
122.0
119.4

119.9
122.3
119.1

119.7
122.5
118.6

120.1
122.9
118.5

120.0
123.2
117.6

120.3
122.3
117.9

120.7
122.3
117.6

120.6
122.2
116.3

121.4
121.6
115.3

Capacity (index)
1999 . . . . . . . . 147.1
2000 . . . . . . . . 149.2
2001 . . . . . . . . 150.2

147.3
149.3
150.3

147.6
149.4
150.4

147.8
149.5
150.5

148.0
149.6
150.5

148.2
149.7
150.6

148.4
149.7
150.7

148.6
149.8
150.7

148.7
149.9
150.8

148.8
150.0
150.8

Utilization (level, percent)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

86.6
84.4
81.0
76.0
72.3
80.0
79.5
80.1
79.4
83.6
85.7
83.0
80.0
79.2
81.2
82.2
84.2
81.7
83.2
83.7
81.3
81.6
79.6

87.1
84.3
81.2
77.4
72.0
79.7
80.0
79.4
80.2
83.7
85.0
83.3
79.2
79.5
81.4
82.3
83.9
82.4
83.7
83.2
81.2
81.8
79.5

87.1
84.1
81.5
76.7
72.6
80.4
80.1
78.5
80.5
83.7
85.6
83.7
78.4
80.1
81.4
82.7
83.6
82.0
83.3
83.2
81.2
81.8
79.2

86.1
82.1
80.7
75.9
73.4
80.6
80.0
79.0
80.8
84.0
85.6
83.1
78.6
80.5
81.5
82.8
83.1
82.5
83.5
83.3
81.0
81.9
78.8

86.8
79.8
81.3
75.1
74.2
80.8
80.0
78.7
81.1
83.8
84.9
83.3
79.1
80.6
81.0
83.1
83.1
82.8
83.3
83.2
81.1
82.2
78.7

86.6
78.7
81.6
74.7
74.5
81.0
79.8
78.5
81.7
83.9
84.6
83.1
80.0
80.3
81.0
83.3
83.1
83.0
83.3
82.2
80.9
82.3
78.1

85.8
78.0
82.2
73.9
75.8
80.9
79.3
78.4
82.1
84.3
83.6
83.0
80.0
80.9
81.1
83.3
82.4
82.8
83.3
81.4
81.1
81.7
78.3

Note. See also general note to table A.1.
Excludes computers, communications equipment, and semiconductors and
related electronic components.

85.2
78.8
81.6
73.5
76.8
80.7
79.6
78.5
82.2
84.6
83.9
83.0
79.9
80.4
80.8
83.3
83.2
82.9
83.7
82.6
81.3
81.6
78.0

85.1
80.0
80.7
72.6
78.0
80.5
80.0
78.3
81.9
84.3
83.5
83.0
80.6
80.5
81.4
83.2
83.1
83.0
84.0
82.0
81.1
81.5
77.1

85.3
80.4
79.9
71.8
78.4
80.0
79.1
79.0
83.0
84.6
83.2
82.4
80.4
80.8
81.5
83.5
82.6
82.6
84.2
82.2
81.6
81.1
76.4

1. Annual averages of industrial production are calculated from indexes that
are not seasonally adjusted.

182

Federal Reserve Bulletin

March 2002

A.4.

Revised data for industrial production, capacity, and utilization for manufacturing industries
excluding selected high-technology industries
Seasonally adjusted data except as noted
Quarter
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.
1

2

3

4

Annual
avg.1

Industrial production (percent change)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

−.7
.0
−.6
−2.1
3.1
2.3
.0
1.6
−1.0
−.2
.9
−.1
−.8
−.2
.8
.0
.3
−.5
.2
.5
.3
−.2
−.7

.7
.1
.4
2.7
.3
.4
.6
−.6
1.6
.2
−1.1
.9
−.8
.6
.1
.4
−.4
1.0
.9
−.3
.2
.1
−.2

.3
−.6
.2
−.8
1.3
.6
.6
−1.0
.1
.1
.8
.4
−1.2
.9
.1
.8
−.1
−.5
−.1
.2
.0
.4
−.3

−1.7
−2.4
.1
−.9
1.0
.3
.1
1.5
.6
.8
.0
−.7
.4
.6
.5
.6
−.5
1.0
.3
.6
−.1
−.1
−.5

1.4
−3.4
.7
−.5
1.4
.1
.5
−.2
.4
−.4
−.7
.4
.7
.3
−.4
.6
−.1
.5
.1
.1
.5
.2
.0

.0
−1.5
−.3
−.1
.6
.5
−.1
−.1
.9
.0
−.1
−.2
1.5
−.1
−.1
.1
.4
.7
.5
−1.0
−.2
.3
−.8

−.6
−.9
.5
−1.0
1.5
.2
−.5
−.1
.6
.6
−1.0
.1
.2
.8
.2
.4
−.9
.3
.1
−.7
.0
−.7
.5

−1.1
1.7
−.9
−.3
1.1
−.1
.9
.6
−.2
.1
.3
.2
.1
−.4
−.4
.4
1.0
.3
1.1
2.1
.7
−.3
−.5

−.1
1.6
−1.1
−.9
2.1
−.3
.4
−.1
.0
.3
−.3
.0
1.2
.2
1.0
.1
.4
.3
.5
−.5
−.1
.0
−1.1

.4
1.0
−1.2
−1.4
.4
.0
−.8
.9
1.3
.4
−.4
−.7
−.2
.3
.3
.7
−.4
−.4
.6
.7
.6
−.6
−.9

−.9
1.7
−1.8
−.4
.1
.0
.8
.3
.5
.8
.2
−1.4
−.3
.5
.5
.6
−.1
.8
.4
−.4
.4
−.7
−.2

−.2
.2
−2.0
−1.1
−.1
−.4
−.1
1.3
.5
.5
−.1
−.7
−.6
−.1
.7
.8
−.1
.5
−.1
−.1
.2
−.8
−.1

1.9
−2.3
1.8
−9.4
12.1
11.6
1.2
4.4
4.1
1.8
4.1
2.7
−10.3
.1
4.0
4.8
2.8
−.4
5.7
1.7
.6
1.0
−6.3

−1.2
−19.9
2.8
−3.4
13.2
4.0
4.0
1.9
7.1
2.6
−1.7
−.1
1.0
6.4
1.3
7.0
−2.1
6.7
3.1
1.4
.8
2.2
−3.9

−3.8
−5.6
−1.7
−6.7
16.3
1.4
1.4
.3
4.8
2.9
−5.0
.4
7.8
2.8
.3
3.8
.5
4.9
5.7
−.4
1.8
−2.5
−3.2

−2.9
16.5
−15.0
−10.2
9.1
−1.3
1.1
6.6
6.9
5.3
−1.8
−7.1
1.0
2.3
5.6
6.5
.4
2.6
6.3
2.8
4.5
−5.6
−7.7

2.2
−5.4
.5
−7.4
4.7
8.1
1.5
2.5
4.8
4.0
1.4
−.9
−2.8
2.9
2.8
4.6
2.5
1.9
4.6
2.9
1.4
1.1
−4.6

123.9
122.4
115.8

124.2
121.3
115.6

121.7
124.2
120.3

121.9
124.9
119.1

122.5
124.1
118.1

123.9
122.3
115.8

122.5
123.9
118.2

153.4
155.0
155.4

153.6
155.0
155.4

151.4
153.9
155.1

152.2
154.3
155.3

152.9
154.7
155.3

153.4
155.0
155.4

152.5
154.5
155.3

83.3
79.2
75.0
68.8
77.1
78.8
78.5
79.3
83.2
85.1
82.5
80.0
78.9
80.1
80.8
83.3
81.4
82.0
83.4
80.7
80.8
79.0
74.5

83.0
79.2
73.4
68.0
77.0
78.4
78.2
80.2
83.6
85.4
82.3
79.3
78.4
80.0
81.3
83.8
81.2
82.2
82.9
80.4
80.8
78.3
74.4

86.6
82.6
78.8
72.9
70.5
79.0
78.5
78.7
80.1
83.4
85.5
82.6
77.7
78.7
80.5
81.4
83.4
80.8
82.5
82.6
80.4
80.7
77.5

85.8
77.8
79.0
72.1
72.7
79.4
78.8
78.8
81.3
83.8
84.7
82.3
77.7
79.6
80.4
82.3
82.4
81.5
82.5
81.9
80.1
80.9
76.7

84.5
76.3
78.4
70.7
75.5
79.3
78.5
78.6
82.0
84.2
83.2
82.0
78.9
79.9
80.1
82.6
81.9
82.0
82.8
81.0
80.1
80.2
76.1

83.5
78.8
75.0
68.7
77.1
78.7
78.2
79.6
83.2
85.0
82.4
80.2
78.9
80.0
80.9
83.3
81.4
81.9
83.2
80.8
80.7
78.9
74.5

85.1
78.8
77.8
71.1
73.9
79.1
78.5
78.9
81.7
84.1
83.9
81.8
78.3
79.5
80.5
82.4
82.3
81.6
82.7
81.6
80.3
80.2
76.2

Industrial production (index)
1999 . . . . . . . . 121.5
2000 . . . . . . . . 123.9
2001 . . . . . . . . 120.5

121.8
124.1
120.4

121.8
124.6
120.0

121.7
124.5
119.4

122.2
124.8
119.4

122.0
125.2
118.5

122.0
124.3
119.0

122.8
124.0
118.4

122.7
123.9
117.0

123.5
123.2
116.0

Capacity (index)
1999 . . . . . . . . 151.1
2000 . . . . . . . . 153.8
2001 . . . . . . . . 155.1

151.4
153.9
155.2

151.7
154.1
155.2

152.0
154.2
155.2

152.2
154.3
155.3

152.5
154.5
155.3

152.7
154.6
155.3

152.9
154.7
155.3

153.1
154.8
155.3

153.3
154.9
155.4

Utilization (level, percent)
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001

........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........
........

86.3
82.8
78.6
71.9
70.1
78.7
78.2
79.4
79.3
83.3
86.1
82.1
78.5
78.2
80.5
81.1
83.8
80.6
82.2
83.0
80.4
80.6
77.7

86.7
82.8
78.8
73.8
70.3
79.0
78.5
78.8
80.5
83.5
85.0
82.8
77.8
78.6
80.4
81.3
83.3
81.2
82.8
82.5
80.4
80.6
77.6

86.8
82.2
78.9
73.2
71.2
79.3
78.8
78.0
80.5
83.4
85.5
83.0
76.8
79.2
80.4
81.8
83.0
80.6
82.5
82.3
80.2
80.9
77.4

85.2
80.1
78.8
72.5
71.9
79.4
78.7
79.0
80.9
84.0
85.3
82.3
77.0
79.6
80.7
82.1
82.5
81.3
82.5
82.5
80.0
80.8
76.9

86.2
77.2
79.3
72.0
72.9
79.3
78.9
78.8
81.1
83.6
84.5
82.4
77.5
79.7
80.3
82.5
82.3
81.5
82.3
82.2
80.3
80.9
76.9

86.0
75.9
78.9
71.9
73.3
79.6
78.7
78.6
81.8
83.6
84.3
82.1
78.5
79.6
80.1
82.4
82.4
81.8
82.5
81.1
80.0
81.1
76.3

85.4
75.1
79.2
71.1
74.4
79.6
78.1
78.4
82.2
84.1
83.2
82.1
78.6
80.1
80.2
82.5
81.5
81.9
82.4
80.3
79.9
80.4
76.6

Note. See also general note to table A.1.
Excludes computers, communications equipment, and semiconductors and
related electronic components.

84.2
76.3
78.4
70.9
75.2
79.4
78.7
78.8
82.0
84.1
83.4
82.1
78.6
79.7
79.7
82.7
82.1
82.0
83.0
81.7
80.3
80.1
76.2

84.0
77.4
77.5
70.2
76.8
79.0
78.8
78.6
81.9
84.3
82.9
81.9
79.5
79.8
80.5
82.6
82.2
82.0
83.1
81.0
80.2
80.1
75.3

84.2
78.0
76.5
69.2
77.0
78.9
78.0
79.2
82.9
84.5
82.5
81.3
79.3
79.9
80.5
83.0
81.7
81.5
83.3
81.3
80.6
79.5
74.7

1. Annual averages of industrial production are calculated from indexes that
are not seasonally adjusted.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

A.5.

183

Rates of change in industrial production, by market and industry group, 1997–2001

Item

Total index . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . .

Difference between rates of change:
revised minus earlier
(percentage points)

Revised rate of change
(percent)

SIC
code 1
1997

1998

1999

2000

2001

1997

1998

1999

2000

2001

7.4

3.5

4.3

2.6

−6.0

.2

.3

−.7

−1.6

−.1

Market Group
Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer goods . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Automotive products . . . . . . . . . . . . . .
Home electronics . . . . . . . . . . . . . . . . .
Appliances, furniture,
and carpeting . . . . . . . . . . . . . . . .
Miscellaneous . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . .
Non-energy . . . . . . . . . . . . . . . . . . . . . .
Foods and tobacco . . . . . . . . . . . . .
Clothing . . . . . . . . . . . . . . . . . . . . . . .
Chemical products . . . . . . . . . . . . .
Paper products . . . . . . . . . . . . . . . . .
Energy . . . . . . . . . . . . . . . . . . . . . . . . . . .
Business equipment . . . . . . . . . . . . . . . . . . .
Transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Information processing . . . . . . . . . . . . . .
Industrial and other . . . . . . . . . . . . . . . . .
Defense and space equipment . . . . . . . . . .
Construction supplies . . . . . . . . . . . . . . . . . .
Business supplies . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.

.
.
.
.
.

.
.
.
.
.

6.0
3.7
7.6
8.8
19.5

2.9
.2
5.6
7.4
12.4

2.6
2.5
6.7
5.8
30.8

1.8
.7
−4.2
−7.3
7.4

−5.3
−2.0
−2.7
3.7
−24.3

.0
−.3
−.8
−1.8
−.3

−.3
.0
1.3
2.1
.7

−.8
−.6
−1.5
2.5
−22.6

−1.2
.1
.2
−.4
4.5

.3
.6
−.1
.4
−3.5

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

4.4
4.4
2.6
2.8
1.9
−3.3
4.9
6.5
1.6
14.0
25.5
17.9
5.8
−2.5
4.0
4.2

6.0
−.4
−1.3
−1.0
−.1
−6.4
2.5
−6.1
−3.4
8.4
15.4
14.4
−.5
5.5
6.6
1.3

2.6
3.8
1.3
1.2
.7
−2.8
4.4
.1
2.3
4.4
−3.9
15.6
−1.8
−7.6
3.9
1.4

−2.0
−2.0
2.2
1.1
.4
−8.5
5.4
2.4
8.6
5.8
−7.5
16.4
3.0
−2.2
.5
.9

−1.9
−11.8
−1.8
−.8
−1.4
−11.3
6.3
−5.1
−7.0
−12.9
−13.1
−12.4
−13.4
−.4
−4.6
−6.3

.2
−.1
−.1
−.1
−.3
−.2
−.5
1.3
−.2
.8
2.1
1.4
−.3
2.5
.1
−.6

−.9
2.1
−.4
−.5
−.7
1.8
−.8
−.8
.6
−.6
2.5
−2.4
−.4
−2.7
−.9
−.5

−3.4
−.8
−.4
−.4
.4
2.1
−1.4
−2.5
−.3
−1.2
5.0
−5.4
−.2
−4.6
−.6
−.8

−.7
2.2
.2
−.1
−.5
−4.1
2.9
−.8
1.9
−5.2
1.3
−6.7
−5.6
1.1
.2
−.3

−.5
−2.8
.8
1.1
.5
2.0
2.8
.9
−1.0
−1.2
−.2
−3.3
−.1
−1.3
.9
.9

Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer parts . . . . . . . . . . . . . . . . . . . . .
Equipment parts . . . . . . . . . . . . . . . . . . . .
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textile . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemical . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.

9.5
14.3
8.5
28.6
4.7
5.7
4.9
4.3
6.5
.1

4.5
8.8
3.6
22.0
.2
−3.3
−6.2
−2.7
−5.6
−.4

7.2
10.4
5.9
19.7
4.4
3.9
4.6
4.5
5.3
.6

3.9
7.5
−2.1
25.1
−3.1
−4.7
−12.8
−4.5
−4.2
1.6

−6.9
−8.6
−4.8
−11.0
−8.1
−5.9
−12.0
−1.9
−7.8
−3.4

.1
.2
−1.8
2.5
−.7
.5
1.5
−.3
.2
.0

.8
1.6
3.5
1.4
.7
−.5
2.2
.2
−1.6
.3

−.8
−.5
−1.2
−2.3
.9
−1.7
5.9
.3
−4.2
.1

−2.4
−4.6
−2.3
−11.0
−1.3
.5
−3.2
.0
2.0
.2

−.5
−.7
2.9
−3.7
.8
1.3
3.3
.9
1.0
−2.4

. . .
. . .
24
25
32
33
34
35
36
371

8.3
11.9
2.8
8.1
2.5
5.8
6.5
7.8
31.3
14.3

4.3
8.4
5.6
6.1
5.8
−3.5
1.7
9.1
22.2
6.7

4.8
6.9
1.8
5.0
3.2
6.7
1.2
7.1
23.7
7.5

2.3
4.8
−6.8
.8
−.9
−5.2
2.2
7.5
27.3
−8.0

−6.3
−8.5
−.3
−7.4
−3.7
−13.2
−7.3
−12.0
−14.7
−.3

.3
.4
−.9
.2
−.9
−.2
.3
.5
2.9
−1.7

.3
.4
.1
−.2
.2
.0
.2
−2.5
1.8
3.5

−.8
−1.3
1.3
1.9
1.0
−1.3
−.5
−6.5
−1.5
1.6

−1.9
−3.6
.6
−4.8
−1.8
.5
1.3
−6.9
−11.7
−1.6

.1
−.5
−.3
.0
.5
−2.1
1.5
1.4
−4.6
.8

372–6,9
38
39
. . .
20,21
22
23
26
27
28
29
30

13.7
2.9
2.0
3.9
2.6
.7
1.8
4.5
5.1
4.8
3.0
6.1

11.3
4.2
−.5
−.7
.1
−6.1
−3.1
−.5
−2.4
−.6
1.3
3.0

−8.9
.6
4.8
2.1
.7
.4
.3
2.3
.7
4.1
−.6
5.9

.2
1.3
−1.0
−.7
.4
−10.6
−6.7
−3.0
.5
.8
2.0
−2.8

−9.3
−5.0
−9.1
−3.6
−1.5
−10.6
−11.1
−4.3
−7.7
−.6
−1.9
−4.9

.8
.0
−1.1
−.3
−.1
−.8
2.0
−.4
.0
−.5
−.1
−.9

.9
.3
−1.2
−.3
−.7
.4
3.3
−.4
−.6
−.7
−.8
1.4

2.7
−3.9
−1.9
−.5
.4
.6
4.3
−.6
−1.1
−2.6
−.7
2.3

.5
−.6
−1.0
.0
−.4
−2.7
−1.4
.1
−1.0
2.2
.8
−.9

.0
−2.1
−1.8
1.0
.5
3.3
−.4
1.2
1.3
1.9
−.4
.1

1.4
2.0
2.8
−1.4

−5.3
−.6
1.8
−11.5

−.2
2.2
1.8
4.7

1.7
6.8
5.2
12.9

−1.7
−5.9
−3.9
−12.5

−.1
−.3
−.4
.1

.1
.7
.3
.4

.3
−.1
.1
.1

.3
.2
−1.1
5.4

−2.2
−.7
−.1
−3.1

Industry Group
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lumber and products . . . . . . . . . . . . . . . .
Furniture and fixtures . . . . . . . . . . . . . . .
Stone, clay, and glass products . . . . . . .
Primary metals . . . . . . . . . . . . . . . . . . . . .
Fabricated metals . . . . . . . . . . . . . . . . . . .
Industrial machinery and equipment . .
Electrical machinery . . . . . . . . . . . . . . . .
Motor vehicles and parts . . . . . . . . . . . .
Aerospace and miscellaneous
transportion equipment . . . . . . . . .
Instruments . . . . . . . . . . . . . . . . . . . . . . . . .
Miscellaneous . . . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and tobacco products . . . . . . . . . .
Textile mill products . . . . . . . . . . . . . . . .
Apparel products . . . . . . . . . . . . . . . . . . . .
Paper and products . . . . . . . . . . . . . . . . . .
Printing and publishing . . . . . . . . . . . . . .
Chemicals and products . . . . . . . . . . . . .
Petroleum products . . . . . . . . . . . . . . . . .
Rubber and plastics products . . . . . . . . .

Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10–14
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 491,2,3pt
Electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .

Note. Rates of change are calculated as the percent change in the seasonally
adjusted index from the fourth quarter of the previous year to the fourth quarter
of the year specified. For 2001, the differences between rates of change are
calculated from annualized rates between the fourth quarter of 2000 and the
third quarter of 2001.

1. Standard Industrial Classification; see Executive Office of the President,
Office of Management and Budget, Standard Industrial Classification Manual,
1987 (U.S. Government Printing Office, 1987).
pt. Part of classification.

184

Federal Reserve Bulletin

A.6.

Rates of change in industrial production, special aggregates and selected detail, 1997–2001

Market group

March 2002

Total index . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . .

Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer products . . . . . . . . . . . . . . . . . . . .
Commercial products . . . . . . . . . . . . . . . . . .
Oil and gas drilling . . . . . . . . . . . . . . . . . . . .
Converted fuel . . . . . . . . . . . . . . . . . . . . . . . .
Primary materials . . . . . . . . . . . . . . . . . . . . .
Non-energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Selected high-technology industries . . . . .
Computers and office equipment . . . . .
Communications equipment . . . . . . . . .
Semiconductors and related
electronic components . . . . . . . . . .
Excluding selected hightechnology industries . . . . . . . . . . . . .
Motor vehicles and parts . . . . . . . . . . . .
Motor vehicles . . . . . . . . . . . . . . . . . . .
Motor vehicle parts . . . . . . . . . . . . . . .
Excluding motor vehicles and parts . . .
Consumer goods . . . . . . . . . . . . . . . . . .
Business equipment . . . . . . . . . . . . . . .
Business supplies . . . . . . . . . . . . . . . . .
Materials . . . . . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.

357
366
3672–9
. . .
371
3711,3
3714
. .
. .
. .
. .
. .

.
.
.
.
.

Special aggregates
Measures excluding selected hightechnology industries
Total industry . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . .
. . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Industrial machinery . . . . . . . . . . . . 351–6,8,9
Electrical machinery . . . . . . . . . . . . 361–5,9,71

Difference between rates of change:
revised minus earlier
(percentage points)

Revised rate of change
(percent)

SIC
code 1
1997

1998

1999

2000

2001

1997

1998

1999

2000

2001

7.4

3.5

4.3

2.6

−6.0

.2

.3

−.7

−1.6

−.1

1.4
1.6
5.0
8.7
1.2
−.5
8.4
40.2
24.5
27.6

−2.5
−3.4
−.1
−26.3
−.2
−.5
4.3
35.8
40.5
6.5

1.2
2.3
.7
5.7
2.7
−.6
4.8
34.0
33.0
21.1

4.5
8.6
7.3
19.1
5.6
−.2
2.3
39.5
33.4
25.4

−4.0
−7.0
.9
−6.8
−8.0
−1.4
−6.3
−15.9
−10.4
−24.3

−.2
−.2
.1
.0
.8
−.4
.3
4.5
3.0
3.0

.6
.6
.4
.1
.0
.5
.3
−1.4
−13.5
−2.5

.1
−.3
−.3
.1
−.1
.1
−.8
−6.6
−21.3
7.7

.4
1.9
.1
.2
.4
.0
−1.9
−15.8
−8.7
−10.2

−1.5
−1.0
.9
−.2
.3
−3.0
.2
−5.1
−1.5
−9.0

55.0

50.5

41.1

48.6

−14.4

6.1

4.9

−6.7

−24.8

−4.3

5.3
14.3
14.2
14.1
4.6
3.2
9.0
4.0
5.2

1.4
6.7
9.0
3.7
1.0
−.5
4.1
1.7
−.8

2.0
7.5
6.3
9.2
1.5
1.9
−3.1
1.6
3.3

−1.4
−8.0
−11.4
−1.2
−.8
.5
1.9
−.5
−2.7

−5.3
−.3
2.1
−2.1
−5.7
−2.0
−11.9
−8.1
−6.9

−.3
−1.7
.0
−4.0
−.2
−.1
−.3
−.8
−.2

.1
3.5
2.1
5.4
−.1
−.2
.9
−.7
.2

−.3
1.6
4.2
−1.6
−.5
−.6
−.8
−1.0
.0

−.7
−1.6
.9
−4.5
−.6
.1
−3.4
−.4
−.4

.8
.8
−1.0
2.1
.7
.6
.4
1.1
.7

4.7
5.2
6.5
3.4
5.2

.9
1.4
3.3
.5
.9

1.8
1.9
1.8
−.4
3.9

−.5
−1.3
−1.8
.1
−1.2

−5.1
−5.3
−7.0
−12.5
−8.4

−.3
−.2
−.3
−.2
−.2

.2
.2
.7
−.1
1.2

−.3
−.4
−.4
−1.6
−2.6

−.5
−.7
−1.4
−4.8
−1.2

.4
.7
.5
2.5
−1.2

Measures excluding motor
vehicles and parts
Total industry . . . . . . . . . . . . . . . . . . . . . . . . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . .

. . .
. . .
. . .

7.0
7.9
11.6

3.3
4.2
8.6

4.1
4.5
6.8

3.4
3.2
6.8

−6.3
−6.8
−9.7

.2
.4
.7

.1
.1
.0

−.9
−1.0
−1.8

−1.5
−1.8
−3.7

−.2
.0
−.8

Primary processing 2 . . . . . . . . . . . . . . . . . . . . .
Advanced processing 3 . . . . . . . . . . . . . . . . . . .

. . .
. . .

11.0
6.6

5.7
3.5

8.0
2.8

3.7
1.4

−7.1
−5.8

.5
.2

1.3
−.4

−.9
−.9

−1.9
−1.9

.0
.3

Note. See also general note to table A.5.
1. Standard Industrial Classification; see table A.5, note 1.
2. Primary-processing manufacturing includes textile mill products; paper
and products; industrial chemicals, synthetic materials, and fertilizers; petroleum products; rubber and plastics products; lumber and products; primary
metals; fabricated metals; stone, clay, and glass products; semiconductors and
related electronic components; and motor vehicle parts.

3. Advanced-processing manufacturing includes foods, tobacco products,
apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and
commercial machinery and computer equipment, electrical machinery except
semiconductors and related electronic components, transportation equipment
except motor vehicle parts, instruments, and miscellaneous manufactures.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

A.7.

185

Capacity utilization rates, by industry group, 1967–2001

Item

Difference between rates:
revised minus earlier
(percentage points)

Revised rate
(percent of capacity, seasonally adjusted)

SIC
code 1
1967–2000
avg.

1988–89
high

1990–91
low

1999:Q4

2000:Q4

2001:Q4

1999:Q4

2000:Q4

2001:Q3

Total index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . .

82.1

85.4

78.1

81.8

80.7

74.6

.2

−.6

−.2

Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable manufacturing . . . . . . . . . . . . . . . . . . . .
Lumber and products . . . . . . . . . . . . . . . . . . . .
Furniture and fixtures . . . . . . . . . . . . . . . . . . .
Stone, clay, and glass products . . . . . . . . . . .
Primary metals . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated metal products . . . . . . . . . . . . . . .
Industrial machinery and equipment . . . . . .
Electrical machinery . . . . . . . . . . . . . . . . . . . .
Motor vehicles and parts . . . . . . . . . . . . . . . .
Aerospace and miscellaneous
transportation equipment . . . . . . . . . . . .
Instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Miscellaneous manufactures . . . . . . . . . . . . .

. . .
. . .
24
25
32
33
34
35
36
371

81.1
79.6
82.6
81.4
78.9
81.7
78.0
81.3
81.4
77.1

85.7
84.6
93.6
86.6
83.5
92.7
82.0
85.4
84.0
89.1

76.6
73.1
75.5
72.5
69.7
73.7
71.9
72.3
75.0
55.9

81.0
81.2
84.7
80.5
85.2
88.5
76.7
79.1
85.0
84.8

79.1
78.6
77.3
78.7
82.3
83.6
76.3
78.4
82.8
76.3

72.9
69.8
76.3
72.5
77.8
73.0
70.3
67.2
64.1
74.1

.1
.2
1.4
1.7
−.1
−.1
−.2
−.7
1.6
1.9

−1.2
−2.0
1.1
−1.4
−1.7
.6
.6
−4.1
−4.3
.3

−.4
−1.1
.6
−.4
−1.2
−.6
1.9
−1.6
−2.9
.1

372–6,9
38
39

75.2
81.3
76.0

87.3
81.4
79.0

79.2
77.2
71.7

74.7
76.4
79.7

74.0
76.6
78.4

67.3
72.7
71.1

1.9
−4.0
−1.9

1.2
−3.9
−2.2

1.3
−4.6
−2.3

Nondurable manufacturing . . . . . . . . . . . . . . . . .
Foods and textiles . . . . . . . . . . . . . . . . . . . . . . .
Textile mill products . . . . . . . . . . . . . . . . . . . .
Apparel products . . . . . . . . . . . . . . . . . . . . . . . .
Paper and products . . . . . . . . . . . . . . . . . . . . . .
Printing and publishing . . . . . . . . . . . . . . . . . .
Chemicals and products . . . . . . . . . . . . . . . . .
Petroleum products . . . . . . . . . . . . . . . . . . . . .
Rubber and plastics products . . . . . . . . . . . . .

. . .
20,21
22
23
26
27
28
29
30

83.2
83.2
85.6
80.9
88.6
85.2
79.3
87.3
84.7

87.3
85.9
90.4
85.1
93.5
91.7
86.2
88.5
89.6

80.7
81.6
77.7
75.5
85.0
79.6
79.3
85.1
77.4

80.7
80.2
84.6
77.3
84.9
77.8
77.6
93.0
87.1

79.8
80.4
77.4
72.2
81.5
78.5
77.7
94.5
82.0

77.1
79.3
71.6
65.6
77.5
72.9
76.9
92.1
76.5

−.3
−.3
2.2
5.6
−1.8
−2.9
−.8
−.1
1.8

.0
−.9
.3
2.8
−1.8
−3.5
2.1
.2
1.1

.7
−.5
2.2
2.8
−.8
−2.0
3.0
−.2
1.1

Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . .
. . .

87.6
87.7

88.0
92.6

87.0
83.4

87.1
90.1

90.3
93.6

88.4
83.7

2.5
.9

3.8
1.6

1.2
.4

Special aggregates
Selected high-technology industries . . . . . . . . . . .
. . .
Computers and office equipment . . . . . . . . . . . . 357
Communications equipment . . . . . . . . . . . . . . . . 366
Semiconductors and related electronic
components . . . . . . . . . . . . . . . . . . . . . . . . . . 3672–9

80.5
81.1
80.5

81.9
86.9
84.8

72.4
66.9
73.4

83.2
77.4
81.6

81.2
75.0
81.6

60.5
61.3
57.9

2.4
.9
6.4

−3.9
−3.2
−5.6

−2.3
−.8
−3.9

80.0

81.1

75.6

86.7

83.6

61.1

.7

−4.3

−1.4

Measures excluding selected hightechnology industries
Total industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Industrial machinery . . . . . . . . . . . . . . . . . . . . 351–6,8,9
Electrical machinery . . . . . . . . . . . . . . . . . . . . 361–5,9,71

82.2
81.1
81.2
83.4

85.7
86.1
85.5
87.5

78.4
76.8
74.0
74.3

81.7
80.7
79.5
85.1

80.7
78.9
79.6
81.8

76.2
74.5
69.7
74.3

.0
−.2
−1.3
−.3

.0
−.6
−4.6
−1.0

.3
.1
−1.5
−2.3

Primary processing 2 . . . . . . . . . . . . . . . . . . . . . . . . .
Advanced processing 3 . . . . . . . . . . . . . . . . . . . . . . .

82.2
80.5

88.3
84.2

76.7
76.6

84.2
79.0

81.1
77.9

73.3
72.7

−.4
−.3

−1.7
−1.7

−.6
−1.0

. . .
. . .

Note. The ‘‘high’’ column refers to periods in which utilization generally
peaked; the ‘‘low’’ column refers to recession years in which utilization generally bottomed out. The monthly highs and lows are specific to each series, and
all did not occur in the same month.
1. Standard Industrial Classification; see table A.5, note 1.
2. Primary-processing manufacturing includes textile mill products; paper
and products; industrial chemicals, synthetic materials, and fertilizers; petroleum
products; rubber and plastics products; lumber and products; primary metals;

fabricated metals; stone, clay, and glass products; semiconductors and related
electronic components; and motor vehicle parts.
3. Advanced-processing manufacturing includes foods, tobacco products,
apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and
commercial machinery and computer equipment, electrical machinery except
semiconductors and related electronic components, transportation equipment
except motor vehicle parts, instruments, and miscellaneous manufactures.

186

Federal Reserve Bulletin

March 2002

A.8.

Rates of change in capacity, by industry group, 1997–2001
Difference between rates of change:
revised minus earlier
(percentage points)

Revised rate of change
(percent)

Industry group
1997

1998

1999

2000

2001

1997

1998

1999

2000

2001

Total index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6.4

6.4

3.9

4.0

1.7

.4

−.1

−.7

−.5

−.7

Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable manufacturing . . . . . . . . . . . . . . . . . . . .
Nondurable manufacturing . . . . . . . . . . . . . . . . .
Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7.1
10.2
3.3
1.3
.6

7.2
10.4
3.2
−.6
.1

4.5
6.6
1.7
−2.4
2.4

4.7
8.1
.4
−1.9
2.9

1.6
3.0
−.2
.4
5.2

.5
.9
−.1
−.6
−.4

−.1
.2
−.9
−.5
−1.0

−.6
−1.7
.4
−.9
.1

−.3
−.7
−.5
−1.1
−.5

−1.0
−1.9
−.1
1.8
1.1

44.4

36.6

28.6

42.9

12.9

4.1

−2.8

−9.2

−4.7

−8.6

3.6

4.4

2.0

1.0

.3

.0

−.1

.0

−.3

−.3

9.4
5.6

9.8
5.5

5.0
4.2

7.8
2.9

2.7
.9

1.0
.7

.4
−.2

.1
−1.0

−.3
−.1

−1.4
−.9

Special aggregates
Selected high-technology industries . . . . . . . . . . .
Manufacturing excluding selected
high-technology industries . . . . . . . . . . . . . . .
Primary processing 1 . . . . . . . . . . . . . . . . . . . . . . . . .
Advanced processing 2 . . . . . . . . . . . . . . . . . . . . . . .

Note. See also general note to table A.5.
1. Primary-processing manufacturing includes textile mill products; paper
and products; industrial chemicals, synthetic materials, and fertilizers; petroleum products; rubber and plastics products; lumber and products; primary
metals; fabricated metals; stone, clay, and glass products; semiconductors and
related electronic components; and motor vehicle parts.

2. Advanced-processing manufacturing includes foods, tobacco products,
apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and
commercial machinery and computer equipment, electrical machinery except
semiconductors and related electronic components, transportation equipment
except motor vehicle parts, instruments, and miscellaneous manufactures.

Industrial Production and Capacity Utilization: The 2001 Annual Revision

A.9.

187

Annual proportions in industrial production, by market and industry group, 1994–01
Item

Total index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SIC
code 1

1994

1995

1996

1997

1998

1999

2000

2001

. . .

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

Market Group
Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer goods . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Automotive products . . . . . . . . . . . . . . . . . .
Home electronics . . . . . . . . . . . . . . . . . . . . .
Appliances, furniture,
and carpeting . . . . . . . . . . . . . . . . . . . .
Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Non-energy . . . . . . . . . . . . . . . . . . . . . . . . . .
Foods and tobacco . . . . . . . . . . . . . . . . .
Clothing . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemical products . . . . . . . . . . . . . . . . .
Paper products . . . . . . . . . . . . . . . . . . . . .
Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Business equipment . . . . . . . . . . . . . . . . . . . . . . .
Transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Information processing . . . . . . . . . . . . . . . . . .
Industrial and other . . . . . . . . . . . . . . . . . . . . .
Defense and space equipment . . . . . . . . . . . . . .
Construction supplies . . . . . . . . . . . . . . . . . . . . . .
Business supplies . . . . . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.

.
.
.
.
.

.
.
.
.
.

60.2
28.6
6.2
2.7
.5

59.5
28.3
6.1
2.7
.5

59.9
28.4
6.3
2.8
.5

60.6
28.3
6.3
2.9
.5

61.5
28.7
6.3
2.9
.5

60.8
28.6
6.7
3.3
.5

59.9
28.4
6.5
3.4
.4

61.9
30.4
6.5
3.5
.3

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

1.4
1.6
22.4
19.3
9.7
2.3
4.5
2.8
3.1
13.3
2.4
5.2
5.6
2.7
5.7
9.0

1.3
1.6
22.2
19.1
9.7
2.1
4.5
2.8
3.1
13.4
2.3
5.2
5.9
2.5
5.6
8.9

1.3
1.6
22.1
19.0
9.6
2.0
4.5
2.8
3.1
13.7
2.3
5.4
6.0
2.3
5.7
8.9

1.3
1.6
22.0
19.2
9.7
1.9
4.6
3.0
2.9
14.3
2.6
5.6
6.0
2.1
5.9
8.9

1.4
1.6
22.3
19.5
10.1
1.7
4.7
3.0
2.8
14.7
3.1
5.6
6.0
2.2
6.2
8.9

1.3
1.5
21.9
18.8
10.0
1.5
4.5
2.8
3.1
14.2
3.2
5.5
5.4
2.1
6.3
8.8

1.3
1.5
21.8
18.6
10.1
1.4
4.3
2.8
3.2
13.7
3.1
5.5
5.2
1.9
6.4
8.7

1.3
1.4
23.9
20.6
11.2
1.3
5.1
3.0
3.4
13.1
2.9
5.0
5.1
2.0
6.6
8.9

Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Consumer parts . . . . . . . . . . . . . . . . . . . . . . . . .
Equipment parts . . . . . . . . . . . . . . . . . . . . . . . .
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Chemical . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.

39.8
22.2
4.6
7.6
9.9
9.4
1.1
2.0
4.2
8.3

40.5
22.8
4.5
8.2
10.1
9.3
1.0
2.1
4.1
8.4

40.1
23.0
4.5
8.4
10.2
8.5
1.0
1.7
3.9
8.6

39.4
23.2
4.5
8.4
10.2
8.6
1.0
1.7
4.0
7.7

38.5
23.1
4.6
8.5
10.1
8.3
.9
1.7
3.8
7.1

39.2
23.2
4.8
8.5
9.9
8.0
.9
1.7
3.6
8.0

40.1
23.5
4.7
9.0
9.7
7.9
.8
1.6
3.7
8.8

38.1
22.4
4.6
8.1
9.6
7.6
.8
1.6
3.5
8.1

. . .
. . .
24
25
32
33
34
35
36
371

86.5
46.2
2.2
1.3
2.2
3.5
5.2
8.4
7.8
5.5

86.6
46.6
2.1
1.4
2.2
3.5
5.3
8.8
8.3
5.4

86.5
47.3
2.1
1.4
2.3
3.5
5.4
9.0
8.5
5.4

87.6
48.1
2.1
1.5
2.3
3.6
5.6
9.1
8.7
5.6

88.5
48.9
2.1
1.6
2.4
3.4
5.8
9.0
8.7
5.6

87.7
48.8
2.3
1.6
2.5
3.3
5.7
8.4
8.7
6.4

86.5
48.3
2.2
1.5
2.5
3.2
5.8
8.2
9.1
6.5

86.7
46.8
2.2
1.6
2.7
2.9
5.8
7.7
7.8
6.4

372–6,9
38
39
. . .
20,21
22
23
26
27
28
29
30

3.8
4.9
1.3
40.3
10.5
1.8
2.1
3.8
6.6
10.0
1.5
3.8

3.5
4.8
1.3
40.0
10.5
1.7
2.0
3.9
6.6
9.9
1.5
3.7

3.4
4.8
1.3
39.2
10.3
1.6
1.9
3.5
6.6
9.7
1.7
3.7

3.6
4.7
1.3
39.6
10.3
1.5
1.9
3.5
6.9
9.9
1.6
3.8

4.3
4.7
1.3
39.6
10.8
1.5
1.7
3.5
6.8
9.7
1.6
3.9

4.1
4.6
1.2
38.9
10.6
1.4
1.7
3.4
6.5
9.3
1.9
3.9

3.9
4.4
1.2
38.2
10.7
1.3
1.5
3.3
6.4
9.2
1.9
3.8

4.1
4.5
1.2
39.9
11.8
1.2
1.5
3.3
6.6
9.7
1.9
3.8

5.9
7.6
6.0
1.6

5.9
7.5
5.9
1.6

6.2
7.3
5.8
1.5

5.6
6.8
5.5
1.3

5.0
6.5
5.3
1.1

5.8
6.4
5.2
1.3

6.8
6.7
5.2
1.5

6.2
7.1
5.6
1.5

Industry Group
Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Durable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lumber and products . . . . . . . . . . . . . . . . . . . .
Furniture and fixtures . . . . . . . . . . . . . . . . . . .
Stone, clay, and glass products . . . . . . . . . . .
Primary metals . . . . . . . . . . . . . . . . . . . . . . . . .
Fabricated metals . . . . . . . . . . . . . . . . . . . . . . .
Industrial machinery and equipment . . . . . .
Electrical machinery . . . . . . . . . . . . . . . . . . . .
Motor vehicles and parts . . . . . . . . . . . . . . . .
Aerospace and miscellaneous
transportion equipment . . . . . . . . . . . . .
Instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . .
Nondurable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Food and tobacco products . . . . . . . . . . . . . .
Textile mill products . . . . . . . . . . . . . . . . . . . .
Apparel products . . . . . . . . . . . . . . . . . . . . . . . .
Paper and products . . . . . . . . . . . . . . . . . . . . . .
Printing and publishing . . . . . . . . . . . . . . . . . .
Chemicals and products . . . . . . . . . . . . . . . . .
Petroleum products . . . . . . . . . . . . . . . . . . . . .
Rubber and plastics products . . . . . . . . . . . . .

Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,14
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 491,2,3,pt
Electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . .

Note. The IP proportion data are estimates of the industries’ relative contribution to overall IP growth between the reference year and the following year.
For example, a 1 percent increase in durable goods manufacturing between 2000
and 2001 would account for a 0.483 percent increase in total IP.

1. Standard Industrial Classification; see table A.5, note 1.
pt. Part of classification.